Coventry Lake, CT
Population 2,358 · Connecticut
About Coventry Lake, CT
Coventry Lake is a small town located in Connecticut with a population of 2,358 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,846 per year, which is 2% below the national median of $75,149. The median age of 55.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Coventry Lake features a median home value of $263,200, which is 7% above the national median of $244,900. This positions Coventry Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $1,031, 11% below the national average of $1,163/month. Of the 1,359 total housing units, 88% are owner-occupied (1,033 units) and 12% are renter-occupied (141 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Coventry Lake shows an unemployment rate of 1.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.3%, above the national average of 12.4%. Workers in Coventry Lake have an average one-way commute time of 27.8 minutes.
Education & Demographics
42.2% of Coventry Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 2.0% Black or African American, and 1.8% Asian residents, with 1.9% of the population being foreign-born.
How Coventry Lake Ranks in Connecticut
Cost of Living in Coventry Lake, CT
Compared to national averages, Coventry Lake has a median household income of $73,846 (2% below the national median of $75,149). Home values average $263,200, which is 7% above the national median. Monthly rent at $1,031 is 11% below the US average of $1,163. Within Connecticut, Coventry Lake's income is 40% below the state average of $123,065, and home values are 49% below the state median of $516,920.
Why Live in Coventry Lake, CT?
Coventry Lake offers rent that’s lower than the national average at $1,031/month, and a strong job market with an unemployment rate of just 1.2%, and a well-educated community where 42.2% of residents hold a bachelor’s degree or higher.
Potential considerations include median household income ($73,846) that falls below the national average. However, Coventry Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Coventry Lake has a population of 2,358 with a median age of 55.2 years. Compare Coventry Lake with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Coventry Lake
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bethlehem Village | 2,275 | $107,838 | $360,300 | Compare |
| Guilford Center | 2,272 | $80,000 | $586,500 | Compare |
| Plainfield Village | 2,260 | $50,703 | $227,500 | Compare |
| Tokeneke | 2,466 | $250,001 | $2,000,001 | Compare |
| Salmon Brook | 2,229 | $77,500 | $312,400 | Compare |
| Fairfield University | 2,516 | $0 | $0 | Compare |
| Westbrook Center | 2,529 | $71,132 | $459,500 | Compare |
| Ball Pond | 2,623 | $142,727 | $372,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Coventry Lake With Other Cities
Frequently Asked Questions about Coventry Lake
What is the population of Coventry Lake, CT?
The population of Coventry Lake, CT is 2,358 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Connecticut.
What is the median household income in Coventry Lake?
The median household income in Coventry Lake, CT is $73,846 per year, which is 2% below the national median of $75,149.
What is the median home value in Coventry Lake?
The median home value in Coventry Lake, CT is $263,200, which is 7% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Coventry Lake?
The median monthly rent in Coventry Lake, CT is $1,031, which is 11% below the national average of $1,163/month.
What is the unemployment rate in Coventry Lake?
The unemployment rate in Coventry Lake, CT is 1.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Coventry Lake, CT a good place to live?
Coventry Lake offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 2,358 and a median age of 55.2, the city appeals to established professionals and retirees.
How educated is Coventry Lake, CT?
42.2% of residents in Coventry Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Coventry Lake?
Key cost-of-living indicators for Coventry Lake, CT: median home value is $263,200 (7% above national), median rent is $1,031/month, and median household income is $73,846. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Coventry Lake?
The poverty rate in Coventry Lake, CT is 13.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Coventry Lake, CT?
Coventry Lake's population is 0.0% White, 0.0% Hispanic or Latino, 2.0% Black or African American, 1.8% Asian, and 0.0% two or more races. 1.9% of residents are foreign-born.